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L3Harris Wins $4.7B Lockheed Contract for PAC-3 MSE Propulsion Systems

L3Harris Technologies logoL3Harris Technologies
Sig5.74Sen+6.78Env-0.63Soc+0.55Gov+0.30
Lockheed Martin logoLockheed Martin
Sig4.35Sen+1.28Env0.00Soc0.00Gov0.00

L3Harris Technologies received a $4.7 billion undefinitized contract over seven years from Lockheed Martin to develop propulsion systems for the PAC-3 Missile Segment Enhancement interceptor. The award supports large-scale production of the advanced two-pulse solid rocket motor, including Lethality Enhancer and Attitude Control Motors, expanding PAC-3 propulsion capacity. New Camden facilities are set to operate in 2027.

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